-- Published: Thursday, 12 October 2017 | Print | Disqus
Gold gained $4.40 to $1297.40 in Asia before it fell back to $1289.90 in late morning New York trade, but it then bounced back higher into the close and ended with a gain of 0.02%. Silver rose to as high as $17.257 and ended with a gain of 0.06%.
Euro gold rose to about €1093, platinum gained $4 to $935, and copper climbed 3 cents to about $3.11.
Gold and silver equities fell about 1% in the first half hour of trade, but they then chopped back higher for most of the rest of trade and ended near unchanged.
U.S. producer prices increase; weekly jobless claims fall Reuters
U.S. Jobless Claims Fall to Lowest Level Since Before Storms Bloomberg
Mortgage rates surge to 10-week high but a dovish Fed may quash that move MarketWatch
Tomorrow brings CPI, Retail Sales, Business Inventories, Consumer Sentiment and the Treasury Budget.
Oil pared early losses after the Energy Information Administration reported that crude inventories fell 2.75 million barrels, gasoline inventories rose 2.49 million barrels, and distillates fell 1.5 million barrels.
The U.S. dollar index rose on decent economic data.
Treasuries saw decent gains as the Dow, Nasdaq, and S&P dropped on poor earnings reports.
Among the big names making news in the market today were Tesla, JPMorgan, GM, Amazon, and The Weinstein Company.
Another Swiss bank won't let customer see his gold, von Greyerz tells KWN
Giustra's Hive switches from mining gold to bitcoin, surges six-fold
Only central bank intervention keeps gold down, USGlobal's Frank Holmes says
As of close of business: 10/11/2017
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 228.69: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,132.44: No change from yesterday’s data.
Barrick’s (ABX) third quarter production, Northern Dynasty’s (NAK) senior hiring moves, Richmont’s (RIC) third quarter production, Alamos Gold’s (AGI) third quarter production, Great Panther’s (GPL) third quarter production, Silver Bull’s (SVBL) Hecla’s (HL) third quarter production, and Fortuna’s (FSM) CEO share purchases were among the big stories in the gold and silver mining industry making headlines today.
1. Northern Dynasty
NAK +6.90% $2.17
BVN +2.19% $14.01
KGC +1.37% $4.45
1. Gold Standard
GSV -3.61% $1.60
PZG -2.21% $1.33
3. Americas Silver
USAS -2.08% $4.67
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 12 October 2017 | E-Mail | Print | Source: GoldSeek.com